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High production cost, manpower shortage threaten RMG business

Staff Reporter

BGMEA president Anwarul Alam Chowdhury Parvez yesterday attributed a good rising trend in readymade garment export but found it difficult to run factories due to high production costs and manpower shortages.
“Price hike of fuel oil has increased production and transportation costs significantly. Besides, our factories are facing labour shortages by 25 to 30 per cent that makes the business awful,” Parvez told The New Nation yesterday.
“Price of RMG product in the global market is at decreasing trend. Besides, export volume is not increasing steadily. [Read more]

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